High-Viz Retail/Office Acreage

Vacant Land for Sale
Sale Pending
Catylist Listing ID: 30752729
Property Subtypes: Multi-Family, Office, Retail
Status: Pending
Gross Land Area: 6.38 Acres
Sale Price: $1,200,000
Unit Price: $188,087 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/20/2021

Overview / Comments

Prime high visibility acreage (6.38) fronting W. Lamar Alexander Pkwy/Hwy 321 & Ivy Ridge Lane at a high traffic traffic light intersection at Old Glory Rd. Large level area, all utilities on site. There is currently a paved driveway entrance/exit deeded easement to Hwy 321 which is used by the Weigel's Store next door. Many established housing areas, large apartment complex's & business's nearby....Denso Manufacturing, Rubbermaid, Harley-Davidson, Foothills Mall, Pellissippi State College and Wm. Blount High School w/1500+ students.

Attachments & Media

Additional Details

Nearest MSA: Knoxville
County: Blount
Tax ID/APN: 005056 04102
Property Visibility: Excellent
Legal Description: Blount County Parcel/Tax ID: 056041 02.000
Largest Nearby Street: Old Glory Rd
Traffic/Vehicle Count: 25,000
Highway Access: W. Lamar Alexander Pkwy/Hwy 321
Site Description: Prime high visibility acreage (6.38) fronting W. Lamar Alexander Pkwy/Hwy 321 & Ivy Ridge Lane at a high traffic traffic light intersection at Old Glory Rd. Large level area, all utilities on site. There is currently a paved driveway entrance/exit to Hwy 321 which is used by the Weigel's Store next door.
Area Description: Prime high visibility acreage (6.38) fronting W. Lamar Alexander Pkwy/Hwy 321 & Ivy Ridge Lane at a high traffic traffic light intersection at Old Glory Rd. Level to gently rolling, all utilities on site. There is currently a paved driveway entrance/exit to Hwy 321 which is used by the Weigel's Store next door. Many established housing areas, large apartment complex's & business's nearby....Denso Manufacturing, Rubbermaid, Harley-Davidson, Foothills Mall, Pellissippi State College and Wm. Blount High School w/1500+ students.
Lot Frontage: 468' Hwy 321 / W. Lamar Alexander Pkwy
Zoning Description: Business Transportation
Easements Description: Utilities
Available Utilities: Electric, Water, Gas, Sewer, Cable
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,024 23,682 64,478
Median Age: 33.1 40.04 40.11
Households: 1,208 9,435 25,570
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